FIL and FET are both on the move and this time, the charts actually back it up. After a few quiet weeks, both tokens are flashing strong bullish momentum, with traders piling in fast. Let’s take a closer look at what’s going on.
Filecoin Price Rockets Past $3 With Big Volume Behind It
Filecoin just pulled off one of its cleanest breakouts in months. The FIL price shot up from around $1.26 to over $3.30, and the 4-hour chart shows exactly how strong that move was, long green candles, a sharp MACD crossover, and an RSI above 80.
Sure, that RSI reading is technically “overbought,” but in strong uptrends, that usually just means momentum is catching fire. The MACD histogram is also building up fast, confirming that buyers are in control.
Source: CoinAnk
Another thing worth watching is open interest, which is steadily rising. That’s a clear sign that traders are adding leveraged long positions, and right now, those bets are paying off.
If the Filecoin price holds above $3, it could easily push toward the $3.90–$4.00 zone. But if bulls take a breather, a short pullback to $2.60 wouldn’t be a bad thing, it would just reset the chart for another potential leg higher.
Read Also: $FIL Price Prediction: Analyst Says “Filecoin Will Shock the World” – Here’s Why
FET Breaks Out as AI Tokens Heat Up Again
Meanwhile, FET is back on traders’ radar. The FET price broke out from its long range around $0.19, ripping as high as $0.46 before settling near $0.38.
The setup looks nearly identical to FIL, strong MACD crossover, growing volume, and RSI around 77–78, showing powerful but controlled momentum. Open interest is climbing too, which means the market is clearly leaning bullish here.
Source: CoinAnk
And the reason? The AI narrative is starting to pick up again. Whenever that theme catches attention, FET tends to be one of the first tokens to move
As long as the FET price holds above $0.36, and the next resistance sits near $0.45–$0.50. Break that, and $0.60 becomes the next realistic target.
What It Means for the Market
Both Filecoin and FET are tapping into big stories, decentralized storage and AI, and traders are noticing. These aren’t random pumps; they’re part of broader momentum shifts where smart money rotates into high-utility altcoins before the rest of the market catches up.
If Bitcoin keeps stable above $70K, this rally could easily stretch further. FIL and FET are early movers right now, and if momentum keeps up, they might just lead the next wave of altcoin breakouts.
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The post Here’s Why Filecoin (FIL) and FET Prices Are Pumping Right Now appeared first on CaptainAltcoin.
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